aerospace / news / / Benzinga
Core operating earnings rose 47% to $293 million, with core operating margin improving to 1.3%.
Boeing's adjusted loss per share was 20 cents, sharply beating the expected 84-cent loss.
KEY POINTS
- Boeing's total backlog reached a record $695 billion, the highest in company history.
- Boeing now expects first deliveries of 737-7, 737-10, and 777X aircraft in 2027.
- Cash and marketable securities dropped to $20.9 billion, primarily from debt repayments and cash flow use.
- Defense, Space & Security backlog reached a record $86 billion, with a new seven-year PAC-3 Seeker deal.
COMPANIES
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